Communities selected for manufacturing initiative by White House
The first 12 manufacturing communities in the second phase of the Investing in Manufacturing Communities Partnership (IMCP), were designated by the Obama Administration. The effort is aims to spur investments and create jobs.
The Obama Administration launched the Investing in Manufacturing Communities Partnership (IMCP) in September 2013 as an initiative to spur communities to develop integrated, long-term economic development strategies that strengthen their competitive edge in attracting global manufacturers and their supply chains to the local communities. IMCP specifically brings together the resources of multiple federal departments and agencies to support strong local economic development plans.
U.S. Secretary of Commerce Penny Pritzker announced the first 12 communities that will be designated Manufacturing Communities as part of the second phase of the IMCP. Selected out of more than 70 communities that applied, these 12 communities developed strong economic development plans and have deep partnerships in place across the public and private sectors to carry out their plans.
The first 12 Manufacturing Communities designated by the Investing in Manufacturing Communities Partnership are:
- Southwest Alabama led by the University of South Alabama
- Southern California led by the University of Southern California Center for Economic Development
- Northwest Georgia led by the Northwest Georgia Regional Commission
- The Chicago metro region led by the Cook County Bureau of Economic Development
- South Kansas led by Wichita State University
- Greater Portland region in Maine led by the Greater Portland Council of Governments
- Southeastern Michigan led by the Wayne County Economic Development Growth Engine
- The New York Finger Lakes region led by the City of Rochester
- Southwestern Ohio Aerospace Region led by the City of Cincinnati
- The Tennessee Valley led by the University of Tennessee
- The Washington Puget Sound region led by the Puget Sound Regional Council
- The Milwaukee 7 Region led by the Redevelopment Authority of the City of Milwaukee
Eleven federal agencies with $1.3 billion in economic development funds will be able to use the designees' plans to make targeted investments in demonstrably strong public-private partnerships to strengthen regional manufacturing. In addition, each designated community will also receive a federal liaison and branding and promotion as a designated Manufacturing Community to help attract additional private investment and partnerships.
Later this year, the Administration will launch a second Investing in Manufacturing Communities Partnership competition to designate the next round of communities.
And later this year, the White House will convene the more than 70 communities that applied for the Investing in Manufacturing Communities Partnership to share best practices in economic development planning and attracting new jobs and investment in manufacturing.
Investing in Manufacturing Communities Partnership (IMCP)
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey